Tag "EU"
Free trade negotiations stalled
Date: 2016-08-29 11:20:28
Negotiations on the free trade agreement between the European Union and the United States (TTIP) have failed – German economy minister Sigmar Gabriel’s statement was quoted by Népszabadság Online. Negotiations...
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NÉBIH: the EU resolution on unfair commercial practices is important
Date: 2016-08-24 11:13:37
A significant step was taken to protect food producers and processors – the National Food Chain Safety Office (NÉBIH) evaluated the European Parliament’s resolution on unfair trade practices. According to...
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EU's share in Russia foreign trade has decreased
Date: 2016-08-23 11:11:33
The European Union’s share decreased by more than 2 percentage points from the foreign trade turnover of Russia in the first half of this year, compared to the same period...
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Inflation increased in the euro zone and in the EU in July
Date: 2016-08-19 11:06:20
Inflation continued to rise in July in the euro zone and in the European Union – EU’s statistical office, the Eurostat reports. In July, annual inflation rose to 0.2 percent,...
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VAT on internet to be reduced despite the rejection of the European Commission
Date: 2016-08-16 11:11:24
Despite the refusal of the European Commission, the government will reduce the VAT on internet services from January 2017 – Világgazdaság wrote on Tuesday. Világgazdaság recalled that the European Commission...
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The VAT regulation on vouchers will change positively
Date: 2016-08-10 11:03:10
The Council of the European Union brings the VAT regulation of single vouchers and voucher systems under control. Because of the impending changes, for the sellers it is worth to...
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Retail sales decreased in the EU
Date: 2016-08-04 11:15:12
Eurostat announced that retail trade volume in June in the Eurozone was unchanged from the previous month, while sales decreased by 0.2 percent in the whole European Union. In a...
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Despite the Russian export ban, EU dairy exports may increase in the region
Date: 2016-07-28 11:40:58
The coming weeks probably will not produce significant changes on the dairy market. The European Commission in its July short-term view reveals that the global oversupply and price pressure from...
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Reverse economic sentiment in the EU and in the euro zone
Date: 2016-07-28 11:02:19
Economic sentiment improved slightly in the euro zone in July and decreased in the European Union – according to the Thursday published survey of the European Commission's Directorate-General for Economic...
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Food is the most expensive in Slovakia among the Visegrád countries
Date: 2016-07-22 11:30:19
Among the Visegrad Group (Hungary, Slovakia, the Czech Republic and Poland) the highest food prices can be found in Slovakia, although they still remain under the European Union (EU) average,...
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A decrease in the economic performance of the euro area
Date: 2016-07-22 11:05:00
A less than expected decrease occured in the economic performance of the euro area, but the preliminary data of the Purchasing Managers Index (PMI) is standing in July on its...
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The Hungarian dairy sector receives three billion HUF support from the EU
Date: 2016-07-19 12:00:27
The European Union on Monday decided on the new support package of 500 billion euros for the milk sector. Hungary will be given 2.7 percent (9.5 million euros) of the...
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The EU approves another 500 million euros market support package for the milk producers
Date: 2016-07-18 11:40:22
Phil Hogan EU Commissioner responsible for Agriculture announced a new 500 million euros market support package to help the milk producers – Czerván György, Minister of State told at a...
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Caffeine is healthy in the EU
Date: 2016-07-15 10:33:14
Danish MEP Christel Schaldemose disagrees with the European Commission’s recent proposal that energy and sugary drinks should be allowed to claim on their labels that the caffeine in them boosts...
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EU’s common agricultural policy does not favor livestock production
Date: 2016-07-12 11:30:32
The Union's common agricultural policy does not favor livestock production. This means that these sectors are not eligible for EU funds, therefore the role of national subsidies aree appreciated in...
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European pigs are popular
Date: 2016-07-11 11:24:34
According to the European Commission, the European Union sold 35 percent more pork (1.3 million tons) in the international markets in 2016 in the first four months, compared to a...
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FM: simplification in the Common Agricultural Policy is needed
Date: 2016-07-08 11:25:43
Hungary is interested in the simplification of the Common Agricultural Policy’s (CAP) support system and to make it more efficient – Fazekas Sándor, Minister of Agriculture told at a coordination...
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A EU report says that 11 percent of the protected Hungarian foods are falsified
Date: 2016-07-07 11:52:55
10.8 percent of the geographical designation protected Hungarian food products proved to be false – according to a new report by the European Union Office of Intellectual Property (EUIPO). In...
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The preservation of GMO-free agriculture has a great importance
Date: 2016-07-06 11:20:04
The preservation of Hungary’s GMO-free status in agriculture has a great importance . Hungary in every forum firmly and consistently represents to ban the public production of GM crops in...
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Retail sales grew in Europe
Date: 2016-07-05 11:30:44
In May, retail sales increased by 0.4 percent, compared to the previous month in the euro zone and in the European Union – the European Union's statistical office, the Eurostat...
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NGM: Hungarian retail grew above the European average
Date: 2016-06-27 11:50:13
The Hungarian retail sales growth in April was the fourth largest in the European Union, significantly above the EU average of 2.4 percent – the Ministry of National Economy (NGM)...
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The European Commission wants more flexible VAT system
Date: 2016-06-27 11:18:04
The European Commission would change the EU VAT system. The European Commission want more flexible, simpler and at the same time more rigorous system against frauds by standardizing the value...
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EU proposal to fight tax fraud
Date: 2016-06-27 10:15:39
In order to reform its obsolete VAT system, the European Commission (EC) has proposed an action plan to make it simpler, more resistant to fraud and more enterprise-friendly. VAT is...
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Double differences in food prices in EU countries
Date: 2016-06-15 11:35:03
Last year, more than twice differences were measured in average food prices in the European Union. Foods and drinks were the cheapest in Poland, while the most expensive in Denmark...
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Product comparison sites have one or two years to screen their system
Date: 2016-06-14 11:18:38
European Commission's e-commerce package of measures was published on 25 May. The Commission proposes new e-commerce rules to help consumers and companies reap full benefit of Single Market One element...
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Employment is on eight years height in Europe
Date: 2016-06-14 11:05:08
The number of employees increased to nearly eight years height in the European Union and in the euro zone in this year's first quarter. According to the report of EU’s...
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The current level of EU's agricultural subsidies must be maintained even after 2020
Date: 2016-05-31 11:35:48
The current level of the European Union agricultural subsidies must be maintained in the agricultural sector even after 2020, any new tasks can be financed only from new sources –...
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EU agricultural council meeting in milk case
Date: 2016-05-31 11:31:44
Informal EU Agricultural Council meeting is taking place on Monday and in Tuesday in Eindhoven. One of the main themes of the EU Agricultural Council will be the milk market...
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The EU would improve the quality of life of city dwellers in the European Union
Date: 2016-05-30 11:05:21
European Union ministers meeting in Amsterdam have endorsed a “Pact of Amsterdam” aimed at improving living conditions in towns and cities throughout the EU28. With 70 percent of the EU's...
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Improved consumer sentiment in Europe
Date: 2016-05-24 11:16:07
Consumer confidence appreciably strengthened in May in the euro zone and in the European Union as a whole – according to the European Commission's preliminary flash estimate that was published...
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